The consortium of Air Liquide, Nouryon, Enerkem and the Port of Rotterdam – has announced on Friday that Shell will join as a partner in Europe’s first advanced waste to chemicals facility in Rotterdam, Netherlands. In the proposed commercial – scale waste – to – chemicals (W2C) project, Shell will become an equity partner. “We … Read more
German Stockmeier Group acquired Química Industrial, Spanish Indukern Group’s industrial chemical distribution division. The newly founded Stockmeier Química SLU will take over the business. According to Indukern’s growth strategy, the agreement to sell its Industrial Chemicals division to the Stockmeier Group prioritizes the activities of its four other divisions. “We are very pleased that the … Read more
Exxon Mobil Corporation announced that after 38 years of service, John Verity, chairman of ExxonMobil Chemical Company, chose to retire. The board of directors appointed senior vice president of basic chemicals, Karen McKee as ExxonMobil Chemical Company’s next president effective April 1, 2019. McKee, 52, joined Exxon Chemical Company in the UK in 1990, where … Read more
Versum Materials (VSM) announced that its Board of Directors rejected Merck KGaA’s unsolicited and non – binding proposal to acquire Versum at $ 48 per share in cash received on February 27, 2019. “After careful review and consideration, conducted in consultation with its independent financial and legal advisors, the Versum Board concluded that Merck KGaA’s … Read more